Chwilio Deddfwriaeth

Industrial Assurance and Friendly Societies Act 1948

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Section 18.

FIFTH SCHEDULESubstituted Enactments relating to sums paid without Probate or Letters of Administration.

1For section fifty-nine of the Act of 1896 there shall be substituted the following section :—

59Before any sum is paid under this Act without probate or letters of administration on the death of any person entitled to make a nomination under this Act, the committee of the registered society or branch may require a statutory declaration by the claimant, or by one of the claimants, that the principal value of the estate of the deceased, including the sum in question, does not after deduction of debts and funeral expenses exceed one hundred pounds.

2For subsection (2) of section ten of the Provident Nominations and Small Intestacies Act, 1883, there shall be substituted the following subsection :—

(2)The directors may, before paying any sum under this Act without probate or letters of administration on the death of any person entitled to make a nomination under this Act or the Acts hereby amended, require a statutory declaration by the claimant, or by one of the claimants, that the principal value of the estate of the deceased, including the sum in question, does not after deduction of debts and funeral expenses exceed one hundred pounds.

3For subsection (1) of the section substituted by section six of the Industrial and Provident Societies (Amendment) Act, 1913, for section twenty-eight of the Industrial and Provident Societies Act, 1893, there shall be substituted the following subsection :—

(1)The committee of a registered society may, before transferring any property or paying any money under section twenty-five, twenty-six or twenty-seven of this Act without probate or letters of administration on the death of any member, require a statutory declaration by the claimant or one of the claimants that the principal value of the estate of the deceased member, including the property or money in question, does not after deduction of debts and funeral expenses exceed one hundred pounds.

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